The company reported standalone net profit during the quarter stood at Rs 0.74 crore compared to net loss of Rs 0.90 crore in the previous year quarter.

Net revenue of the company rose triple digit by 135.34 per cent at Rs 22.31 crore in January-March quarter of this fiscal as against Rs 9.48 crore in the corresponding period last year.

During January-March quarter, operating expenses increased by 107.60 per cent to Rs 20.49 crore from Rs 9.87 crore in year ago period.

Other Income grew by 50.00 per cent at Rs 0.06 crore versus (Mar'24 Rs 0.04 crore).

Operating Profit surged by 555.00 per cent to Rs 1.82 crore as against Rs -0.40 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 294.99 per cent in March quarter.

Interest grew by 57.45 per cent y-o-y to Rs 0.74 crore, while Taxation decreased by 88.24 per cent at Rs -0.04 crore (Mar'24 Rs -0.34 crore).